# Crisis Duration and Demographics

Banking crisis episodes matched: 144
Mean duration: 2.9 years
Median duration: 3.0 years

Correlation(Z₁, duration): 0.038 (p=0.655)
Correlation(old_dep, duration): 0.063 (p=0.455)

### Duration ~ Z (N=144, R²=0.0141)
  Z_1: 0.8520 (se=6.9695, p=0.903)
  Z_2: -0.3009 (se=1.0798, p=0.781)
  Z_3: 0.0178 (se=0.0449, p=0.692)

### Duration ~ Age (N=144, R²=0.0136)
  old_dep: 5.0057 (se=3.5837, p=0.165)
  youth_dep: 1.1520 (se=0.9778, p=0.241)